Report: Uber Is Gunning For A $10 Billion Valuation With A Big New Investment Round

Uber is reportedly in talks to raise a round of financing at a
valuation that could exceed
$10 billion, Bloomberg's Serena Saitto reports.

According to Saitto, Uber is seeking less than $1 billion from
new private equity investors. The company also hired Cameron
Poetzscher from Goldman Sachs to lead its corporate development.
Prior to this reported fundraise, Uber had raised more than $300
million from investors such as TPG and Google Ventures. Late last
year, leaked revenue reports showed the company was generating
about $20 million per week.

Other companies that have recently been given $10 billion
valuations include Airbnb and Dropbox. Here's why Uber could also
deserve a lofty valuation.